Why is Ruchira Papers falling/rising?

As of 01-Sep, Ruchira Papers Ltd is currently priced at 146.20, reflecting an increase of 1.2 or 0.83%. Despite a recent underperformance against its sector by 0.46%, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has shown strong financial health with a low Debt to EBITDA ratio of 1.07 times and impressive operating profit growth at an annual rate of 54.57%. Additionally, the company has consistently reported positive results over the last four quarters, with a significant increase in net sales and profit after tax. The high dividend yield of 3.45% further enhances its attractiveness to investors.
In the broader market context, Ruchira Papers has outperformed the Sensex over the past month, with a return of 9.76% compared to the benchmark's -0.29%. However, it has underperformed in the short term, with a 3.63% decline over the past week against the Sensex's -1.56%. The falling investor participation, as evidenced by a 59.55% drop in delivery volume, may raise concerns, but the overall strong fundamentals and attractive valuation compared to peers suggest that the stock's recent rise is supported by solid financial performance and growth potential.